A federal judge denied the CFTC’s emergency bid to halt New York’s gambling case against prediction market Kalshi. The order reached the docket Aug. 3 and found the agency showed neither likely success on the merits nor irreparable harm. New York seeks $100,000 for each unauthorized sports wagering offer plus a penalty of three times … Read more
The state’s attorney general wants Kalshi barred until it holds a gambling license and stripped of what it earned from New Yorkers. Within hours, federal regulators went to court to stop her. NEW YORK – The price New York has put on evicting Kalshi is eye-catching: no less than $36 billion. On Friday, Letitia James, … Read more
Nabers ran routes at full speed in individual drills but is not yet a full practice participant. He is 10 months removed from a torn right ACL and a second cleanup procedure this spring. The Giants are +7000 to win Super Bowl LXI at DraftKings as of July 28. Nabers is +1300 for Comeback Player … Read more
Churchill Downs is marketing nine regional casinos in eight states and has engaged Macquarie Capital to assist. The gaming segment holding those casinos added $4 million of revenue in the quarter, against $34 million for racing. Second-quarter net revenue set a company record at $980 million, with adjusted EBITDA at a record $477 million. Proceeds … Read more
Judge William Griesbach denied the CFTC’s request for a preliminary injunction against Wisconsin in a 28-page decision filed July 29. The court said the agency is unlikely to prove sports event contracts are swaps or that federal law preempts Wisconsin’s gambling statute. Two days earlier the same federal plaintiffs won an injunction against Minnesota, splitting … Read more
The world’s largest online betting company completes its pivot to Wall Street on Aug. 3, leaving the New York Stock Exchange as the only home for its shares. For FanDuel bettors, nothing changes. NEW YORK – The company behind FanDuel is about to become, in the eyes of the stock market, an American one. Flutter … Read more
BetMGM pushed its $500 million adjusted EBITDA target beyond 2027, citing prediction market regulatory complexity. Online sports net revenue was flat at $228 million while iGaming revenue rose 8% to $483 million. Second-quarter adjusted EBITDA fell 15% to $74 million even as net revenue rose 3% to $711 million. Average monthly active players fell 3% … Read more
PHOENIX – The betting that prompted the NFL to suspend Arizona Cardinals college scouting director Ryan Gold indefinitely now faces a second set of eyes. Arizona’s Department of Gaming said Tuesday that it has opened a review of its own, one with reach into the licensed sportsbooks the league has no power over. A Second … Read more
A King County judge granted Washington a preliminary injunction against the prediction market, rejecting the federal-preemption defense Kalshi has leaned on nationwide. Kalshi says it will appeal. SEATTLE – A prediction market that lets people wager on sports, elections and the number of measles cases in a year has been found, at least for now, … Read more
Arsenal open shortest at +165, but the American cost is 10 months of locked capital and an 11-point house margin. LONDON – A Premier League title ticket bought today sits unsettled for 312 days, and Arsenal at +165 is the shortest price on the 2026/27 board at Bovada as of 10 a.m. ET Tuesday. Arsenal … Read more